13000 XME Feb 15.5 calls traded over Feb 12 Weekly 14.5 calls for .41
Shares of SPDR S&P Metal and Mining ETF (XME) are up .86 to 15.14 today.? XME is near the lower end of the 52 week range.
- Paper traded 13000 XME Feb 15.5 calls over Feb 12 Weekly 14.5 calls for .41.?
- The ADV is 6148.?
- The OI is over 20088 and 0 contracts.
The volume went up in several blocks on the ISE marked spread.? Total volume was over 20000 in the near Feb term and 52000 in the next Feb term.? The trade looks like a house money roll up but only buying an extra week or time backspread.? The high OI in the near term would indicate a roll up on a nice trade.
- IV 30 is trading for 45%.?
- HV10 is trading for 53%.?
- IV 30 is trading below the HV 10.
SPDR S&P Metals & Mining ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Metals & Mining Select Industry Index (the Index). The Index is an equal weighted market cap index.